Unstoppable financial dollar: it flies almost $30 and becomes the most expensive exchange rate in the market

Unstoppable financial dollar: it flies almost  and becomes the most expensive exchange rate in the market

Meanwhile, the MEP dollar-also valued with the Global 2030- rises 8.1% to $327.9, the spread stands at 153% against the official wholesale exchange rate.

Ecolatina’s economist, John Paul Albornozin dialogue with Ámbito maintained that “All the conditions are in place so that exchange rate tensions do not ease. Firstly, there is a lot of uncertainty regarding possible measures related to the operations of the cash with liquidity” and expanded: “The worst news for the market is uncertainty. The consequence is clear: more pesos taking refuge in dollars.”

Dolar blue

out of control, the blue dollar makes a jump of almost $20 and reaches a new all-time high, according to a survey carried out by Ámbito on the Foreign Exchange Black Market, on a day in which The Government announced a couple of foreign exchange measures, seeking to curb the dynamics of the informal exchange rate.

The parallel dollar jumps $10 and is selling at $336 (after hitting an intraday high of $338), which remains the most expensive exchange rate in the market.

Thus, the exchange gap with the wholesale official exchange rate jumps to 159.3%, the highest level in 40 years.

This Thursday, the Government announced that it will facilitate the liquidation of foreign currency from foreign touristswho will be able to sell up to US$5,000 at the financial exchange rate (MEP)and that it will improve the conditions of access to the exchange market for the payment of imports of inputs for “strategic sectors”.

Source: Ambito

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